Definition: Global Data Integration
Data integration is the combination of technical and business processes used to combine data of different technical and business processes from disparate sources into meaningful and valuable information and thus helps in delivering trusted data.
The rise in the adoption of cloud computing, increase in the presence of the service based enterprises, need of reliable solution for the data management are some of the factors that are fuelling the growth of this market.
The data integration also helps in safeguarding the data and secures the data replication.
Analysis: Global Data Integration
The global data integration market accounted for USD 6.1 billion in 2016 growing at a CAGR of 13.65% during the forecast period of 2017 to 2024.
The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers & Restraints:
- Rise in adoption of cloud computing
- Increase in presence of service based enterprises
- Secure data replication
- Reliable solution for data management
Segmentation: Global Data Integration
The global data integration market is segmented on the basis of component into tools and services.
By business application, the global data integration market is segmented into marketing, sales, operations, finance, and HR (human resource).
On the basis of deployment model, the global data integration market is segmented into on-premise and hosted.
By end user, the global data integration market is segmented into BSFI (Banking, Financial Services & Insurance), government, e-commerce, healthcare, utilities and retail.
Major Market Competitors:
Informatica, IBM Corp, SAP SE, Oracle, Talend, Microsoft, Cisco Systems,Inc., Denodo Technologies, Attunity, Adeptia, Inc., Actian Corporation, Syncsort, Symantec Corporation, Teradata, Intel Corporation, SAS Institute Inc, Information Builders, Pitney Bowes Inc., Informatica Corporation, HVR Software, Attunity Ltd among others.
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